HP (XSWX:HPQ) PB Ratio: (As of Jun. 27, 2026)


XSWX:HPQ HP Inc XSWX:HPQ
73 GF Score
Price CHF18.58
GF Value CHF26.43
! 5 Warning Signs
View Full Analysis

What is HP PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-27), HP's share price is CHF18.58. HP's Book Value per Share for the quarter that ended in Apr. 2026 was CHF-0.12. Hence, HP's PB Ratio of today is .

The historical rank and industry rank for HP's PB Ratio or its related term are showing as below:

XSWX:HPQ's PB Ratio is not ranked *
in the Hardware industry.
Industry Median: 2.4
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was 50.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of HP was 50.40% per year. The lowest was -55.70% per year. And the median was 9.05% per year.

Back to Basics: PB Ratio


HP  (XSWX:HPQ) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


HP PB Ratio Related Terms


HP PB Ratio Historical Data

* Premium members only.

The historical data trend for HP's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HP PB Ratio Chart

HP Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

HP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

XSWX:HPQ vs P, IONQ, SMCI: PB Ratio Comparison

For the Computer Hardware subindustry, HP's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HP PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, HP's PB Ratio distribution charts can be found below:

* The bar in red indicates where HP's PB Ratio falls into.


XSWX:HPQ
73GF Score
HP Inc XSWX:HPQ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HP PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

HP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=18.58/-0.124
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Is HP (XSWX:HPQ) Overvalued in 2026?

Based on GuruFocus' analysis, HP stock appears to be undervalued. The current stock price of CHF18.58 is trading 29.7% below its estimated GF Value™ of CHF26.43.

Key valuation signals for XSWX:HPQ:

  • PB Ratio:
  • GF Value™: CHF26.43 vs. price of CHF18.58 (29.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the XSWX:HPQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HP Business Description

Address 1501 Page Mill Road, Palo Alto, CA, USA, 94304
HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
73GF Score

Get the complete analysis for XSWX:HPQ

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF18.58
Price
CHF26.43
GF Value